Qingdao WCNA prospers in 2022

An aerial view of Qingdao West Coast New Area. [Photo/WeChat account: qdxihaianfabu]

In 2022, the gross domestic product (GDP) of Qingdao West Coast New Area (Qingdao WCNA) reached 469.19 billion yuan ($68.74 billion), up 4.8 percent year-on-year, and accounted for 31.4 percent of Qingdao's total.

The added value of the primary industry reached 9.25 billion yuan, a slight increase of 0.7 percent year-on-year. The added value of the secondary industry stood at 168.37 billion yuan, a year-on-year increase of 2.2 percent. As for the tertiary industry, the added value surged to 291.57 billion yuan, up 6.5 percent year-on-year.

Last year, the top 100 enterprises in the area boasted a total GDP of 354.53 billion yuan, up 11.2 percent year-on-year, with the annual GDP of seven enterprises surpassing 10 billion yuan. At the same time, the gross industrial output value of high-tech enterprises reached 287 billion yuan, a year-on-year increase of 11 percent.

In the service industry, the operating income of transportation, warehousing and postal industries totaled 57.66 billion yuan, up 15.3 percent year-on-year, and accounted for 68.1 percent of the total of enterprises above designated size in the industry.

In 2022, the total retail sales of consumer goods in the area reached 131.28 billion yuan, a slight increase of 0.2 percent year-on-year. Among them, the online retail sales of enterprises above designated size increased 112.4 percent year-on-year.